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Category Archives: Financial System

An Update to the Budget and Economic Outlook: 2017 to 2027

“CBO projects that over the next decade, if current laws remained generally unchanged, budget deficits would eventually follow an upward trajectory in relation to the nation’s economic output, and federal debt would rise. Economic growth is projected to remain modest, averaging slightly above 2.0 percent through 2018 and averaging somewhat below that rate for the… Continue Reading

2017 World Drug Report

“To celebrate 20 years since its inception, the World Drug Report 2017 is presented in a new five-booklet format designed to improve reader friendliness while maintaining the wealth of information contained within. Booklet 1 summarizes the content of the four subsequent substantive booklets and presents policy implications drawn from their findings. Booklet 2 deals with… Continue Reading

2017 Investment Company Factbook

2017 Investment Company Factbook – A Review of Trends and Activities in the Investment Company Industry. “The Investment Company Institute (ICI) is a leading global association of regulated funds, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts (UITs) in the United States and similar funds offered to investors in jurisdictions worldwide.… Continue Reading

Paper – AI and the Law: Setting the Stage

Urs Glasser – Medium – “While there is reasonable hope that superhuman killer robots won’t catch us anytime soon, narrower types of AI-based technologies have started changing our daily lives: AI applications are rolled out at an accelerated pace in schools, homes, and hospitals, with digital leaders such as high tech, telecom, and financial services… Continue Reading

US Image Suffers as Publics Around World Question Trump’s Leadership

“Although he has only been in office a few months, Donald Trump’s presidency has had a major impact on how the world sees the United States. Trump and many of his key policies are broadly unpopular around the globe, and ratings for the U.S. have declined steeply in many nations. According to a new Pew… Continue Reading

GOP stalls vote on repeal and replace of Obama health care act

Follow up to previous postings cited in Senate version of House health care repeal and replace bill eliminates coverage for 22 million Americans – tonight via Dan Balz, the Washington Post – ‘Repeal and replace’ was once a unifier for the GOP. Now it’s an albatross. “After seven years, Republicans’ promise to overhaul the Affordable Care… Continue Reading

Paper – Mining Features Associated with Effective Tweets

Mining Features Associated with Effective Tweets. Jian Xu University of Notre Dame; Nitesh V. ChawlaUniversity of Notre Dame, via arXiv, June 22, 2017. Abstract – “What tweet features are associated with higher effectiveness in tweets? Through the mining of 122 million engagements of 2.5 million original tweets, we present a systematic review of tweet time, entities,… Continue Reading

UK – Money Laundering Regulations 2017

“The Treasury launched an 8 week policy consultation on the Transposition of the Fourth Money Laundering Directive and Fund Transfer Regulation in September. These aim to give effect to the updated global Financial Action Task Force (FATF) standards. The government sought views and evidence on the steps it proposed to take or should take, to… Continue Reading

Build a Responsible Federal Budget With New Debt Fixer Tool

Committee for a Responsible Federal Budget – Build a Responsible Federal Budget With Our New Debt Fixer Tool – “Now that President Trump has unveiled his full budget proposal and Congress is working on its own budget resolution, CRFB is launching a new tool that makes it easy to create your own budget and see… Continue Reading

State and Local Tax Policy

Millsap, Adam A and Gonzalez, Olivia, State and Local Tax Policy (January 12, 2016). Available at SSRN: https://ssrn.com/abstract=2990527 “This paper provides an overview of economically efficient tax policy for state and local policy makers and contains a short literature review of papers that analyze the economic effects of state and local taxes.” Continue Reading

Senate Republicans release draft Better Care Reconciliation Act of 2017

The 142 page discussion draft (bill), titled the Better Care Reconciliation Act of 2017 was released at 11am on April 22, 2017 to the entire Senate who with the exception of 13 Senators, had not been engaged in its creation nor had prior access to its content. The goal of the bill is to replace… Continue Reading

Progress in U.S. Women’s Well-Being Stalled in Recent Generations

(June 2017) The level of well-being of young American women (ages 16 to 34) rose significantly for members of the Baby Boom generation but hit a wall for women in subsequent generations, the Population Reference Bureau (PRB) concludes in a new report.  In its latest Population Bulletin, “Losing Ground: Young Women’s Well-Being Across Generations in… Continue Reading